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http://www. scotchshelp.org/blog/29/sport/cost-and-benefits-of-the-olympics/ Costs and Benefits of the Olympics   Readers skepticism: try the arguments for and against the view that major(ip)(ip) sports solutions ar good for the sparing? major(ip) sports events such as the World Cup and the Olympics be oftentimes seen as a potential source of economic regeneration. Yet, legion(predicate) are worried about the economic costs of hosting a major concur event that only lasts for threesome weeks. These are some of the economic benefits and potential costs of the Olympics and former(a) major feature events. Economic Benefits of the Olympics 1. Encourages Investment in transport and Infrastructure. Major sporting events usually require upgrades to transport and parley link up. This investment leaves a lasting legacy for the whole economy. disclose transport links reduce congestion and help to make better might for local business. It can help increase the tilla ble capability of the economy (shifting aggregate supply to the right). For example, for the London Olympics in 2012 we have seen new fulminate links created in east London, and improvements to existing underground and overground train services (London Olympic rail networks) 2. influx of Foreign Visitors.

A major sporting event interchangeable the Olympics can attract 100,000s of people for the duration of the games. These foreign tourists claim a boost to the local economy. In incident the local tourist trade, shops / hotels will benefit from the surge in visitor metrical composition. However, it is worth noting that these visitor numbers tend to b! e temporary. The major sporting event only lasts for a some weeks; potentially there could be many empty hotel beds in the future. On the other hand people argue a major sporting event can lead to a extensive term growth in visitor numbers. e.g. china matte up the Beijing Olympics created a feeling that China could be a popular tourist destination. Barcelona saw higher visitor numbers continue after the Barcelona Olympics...If you want to get a liberal essay, order it on our website: OrderCustomPaper.com

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